26/06/2012

Business Tycoon In Contempt Of Court

Businessman Sean Quinn, his son Sean and nephew Peter Darragh have all been found in contempt of court and may face "punitive and coercive" sanctions.

They were found to have defied an order at the High Court in Dublin over the family's international property portfolio.

Judge Elizabeth Dunne said: “It will be very difficult to persuade me that there would not be a punitive element as well as a coercive element to remedies to the contempt. Sean Quinn was a witness who was evasive and uncooperative.”

Quinn told reporters outside the court that he wasn’t dishonest, declining to answer any more questions.

A ruling will be considered on 29th June.

(CD/GK)

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